Costa Rica Five Years after CAFTA-DR : Assessing Early Results

For Costa Rica, the Dominican Republic-Central America-free trade agreement (CAFTA-DR) has been more than a trade agreement. Costa Rica has used trade liberalization and promotion of international trade as a core development strategy for decades. CAFTA-DR consolidated benefits that had previously be...

Full description

Bibliographic Details
Main Authors:	Koehler-Geib, Friederike, Sanchez, Susana M.
Format:	Book
Language:	en_US
Published:	Washington, DC: World Bank 2015
Subjects:	gravity model high technology insurance intellectual property rights telecommunications
Online Access:	http://hdl.handle.net/10986/22013

id	okr-10986-22013
recordtype	oai_dc
spelling	okr-10986-220132021-04-23T14:04:06Z Costa Rica Five Years after CAFTA-DR : Assessing Early Results Koehler-Geib, Friederike Sanchez, Susana M. Koehler-Geib, Friederike Sanchez, Susana M. gravity model high technology insurance intellectual property rights telecommunications For Costa Rica, the Dominican Republic-Central America-free trade agreement (CAFTA-DR) has been more than a trade agreement. Costa Rica has used trade liberalization and promotion of international trade as a core development strategy for decades. CAFTA-DR consolidated benefits that had previously been unilaterally extended under the Caribbean Basin Initiative (CBI) into a multilateral FTA, providing a much more stable environment for trade relationships. Beyond just being a trade agreement, CAFTA-DR brought about the opening of state monopolies in telecommunications and insurance, which polarized the country. No other trade agreement has generated as much controversy as this one about the potential impacts on the economy. Following a referendum with a small margin in favor of the agreement, Costa Rica was the last member country to ratify CAFTA-DR in 2009. Given the controversy at the time, the current study takes stock of the early impacts of CAFTA-DR during the five years since its ratification, addresses the following questions: What actual changes did the agreement bring about and what was their context? What was the impact of those changes on trade and FDI flows? How have the high tech, insurance, telecommunications, and pharmaceutical sectors been impacted? 2015-06-09T17:06:00Z 2015-06-09T17:06:00Z 2015-06-05 Book 978-1-4648-0568-4 http://hdl.handle.net/10986/22013 en_US Directions in Development--Trade; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Latin America & Caribbean Central America Costa Rica Dominican Republic
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	gravity model high technology insurance intellectual property rights telecommunications
spellingShingle	gravity model high technology insurance intellectual property rights telecommunications Koehler-Geib, Friederike Sanchez, Susana M. Costa Rica Five Years after CAFTA-DR : Assessing Early Results
geographic_facet	Latin America & Caribbean Central America Costa Rica Dominican Republic
relation	Directions in Development--Trade;
description	For Costa Rica, the Dominican Republic-Central America-free trade agreement (CAFTA-DR) has been more than a trade agreement. Costa Rica has used trade liberalization and promotion of international trade as a core development strategy for decades. CAFTA-DR consolidated benefits that had previously been unilaterally extended under the Caribbean Basin Initiative (CBI) into a multilateral FTA, providing a much more stable environment for trade relationships. Beyond just being a trade agreement, CAFTA-DR brought about the opening of state monopolies in telecommunications and insurance, which polarized the country. No other trade agreement has generated as much controversy as this one about the potential impacts on the economy. Following a referendum with a small margin in favor of the agreement, Costa Rica was the last member country to ratify CAFTA-DR in 2009. Given the controversy at the time, the current study takes stock of the early impacts of CAFTA-DR during the five years since its ratification, addresses the following questions: What actual changes did the agreement bring about and what was their context? What was the impact of those changes on trade and FDI flows? How have the high tech, insurance, telecommunications, and pharmaceutical sectors been impacted?
author2	Koehler-Geib, Friederike
author_facet	Koehler-Geib, Friederike Koehler-Geib, Friederike Sanchez, Susana M.
format	Book
author	Koehler-Geib, Friederike Sanchez, Susana M.
author_sort	Koehler-Geib, Friederike
title	Costa Rica Five Years after CAFTA-DR : Assessing Early Results
title_short	Costa Rica Five Years after CAFTA-DR : Assessing Early Results
title_full	Costa Rica Five Years after CAFTA-DR : Assessing Early Results
title_fullStr	Costa Rica Five Years after CAFTA-DR : Assessing Early Results
title_full_unstemmed	Costa Rica Five Years after CAFTA-DR : Assessing Early Results
title_sort	costa rica five years after cafta-dr : assessing early results
publisher	Washington, DC: World Bank
publishDate	2015
url	http://hdl.handle.net/10986/22013
_version_	1764449911109058560

Costa Rica Five Years after CAFTA-DR : Assessing Early Results

Similar Items